Mizuho Financial Group (Mizuho Financial Group) PEG Ratio : 15.19 (As of Apr. 28, 2024)

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What is Mizuho Financial Group PEG Ratio?

PE Ratio without NRI / 5-Year Book Value Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use for banks is the 5-Year Book Value growth rate. As of today, Mizuho Financial Group's PE Ratio without NRI is 10.64. Mizuho Financial Group's 5-Year Book Value growth rate is 0.70%. Therefore, Mizuho Financial Group's PEG Ratio for today is 15.19.

* The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

The historical rank and industry rank for Mizuho Financial Group's PEG Ratio or its related term are showing as below:

MFG' s PEG Ratio Range Over the Past 10 Years
Min: 0.33 Med: 1.75 Max: 31.17
Current: 16.49

During the past 13 years, Mizuho Financial Group's highest PEG Ratio was 31.17. The lowest was 0.33. And the median was 1.75.

MFG's PEG Ratio is ranked worse than
95.4% of 1130 companies
in the Banks industry
Industry Median: 1.425 vs MFG: 16.49

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.

Mizuho Financial Group PEG Ratio Historical Data

The historical data trend for Mizuho Financial Group's PEG Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mizuho Financial Group PEG Ratio Chart

Mizuho Financial Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PEG Ratio

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1.78

3.79

7.84

7.93

17.98

Mizuho Financial Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PEG Ratio	Get a 7-Day Free Trial															27.10	17.98	10.98	8.37	5.18

Competitive Comparison of Mizuho Financial Group's PEG Ratio

For the Banks - Regional subindustry, Mizuho Financial Group's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mizuho Financial Group's PEG Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mizuho Financial Group's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Mizuho Financial Group's PEG Ratio falls into.

Mizuho Financial Group PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year Book Value growth rate.

Mizuho Financial Group's PEG Ratio for today is calculated as

PEG Ratio	=	PE Ratio without NRI	/	5-Year Book Value Growth Rate*
	=	10.635359116022	/	0.70
	=	15.19

* Note: The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Mizuho Financial Group (NYSE:MFG) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.

Mizuho Financial Group PEG Ratio Related Terms

Thank you for viewing the detailed overview of Mizuho Financial Group's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Mizuho Financial Group (Mizuho Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mizuho Financial Group Inc (NYSE:MFG) » Definitions » PEG Ratio

Comparable Companies

Traded in Other Exchanges

MZHOF:USA 8411:Japan MZ8A:Germany MZ8:Germany MZ8:Germany MFG:Argentina

Address

1-5-5, Otemachi, Otemachi Tower, Chiyoda-ku, Tokyo, JPN, 100-8176

Website

https://www.mizuho-fg.co.jp

Mizuho Financial Group is roughly tied with megabank peer Sumitomo Mitsui Financial Group for the status as Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2023, Mizuho's market share of domestic loans was 6.7%, compared with 7.1% for SMFG and 8.1% for MUFG. In Japan, Mizuho has more of a corporate focus than SMFG, which has a larger retail business. Its overseas weighting is slightly smaller than that of MUFG. Unlike its two Japanese megabank peers that own foreign banks outright or hold noncontrolling stakes in local banks overseas, Mizuho expanded in recent years beyond its traditional Japanese borrowers, mainly through its core banking and securities units, focusing on the financing needs of global multinational corporations.